Modern slavery laws head to parliament

Businesses with turnovers of at least $100 million will need to publicly declare what they are doing to stop modern slavery in their supply chains, under draft laws to go to federal parliament on Thursday.

The laws are expected to impact 3000 companies operating in Australia, which will make the nation a world leader in fighting slavery.

As well, under the laws an annual statement will be published highlighting modern slavery risks in the public sector.